Common use of Number of Directors and Quorum Clause in Contracts

Number of Directors and Quorum. Until changed in accordance with the Act, the board shall consist of not fewer than the minimum number and not more than the maximum number of directors provided in the articles. Subject to the Act and to section 4.08 hereof, the quorum for the transaction of business at any meeting of the board shall consist of a majority of directors, or such other number of directors as the board may from time to time determine.

Number of Directors and Quorum. Until changed in accordance with the Act, the board shall consist of not fewer than the minimum number and not more than the maximum number of directors provided for in the articles. , Subject to the Act and to section 4.08 hereof4.08, the quorum for the transaction of business at any meeting of the board shall consist of a majority of directors, the number of directors or such other greater number of directors as the board may from time to time determine.

Number of Directors and Quorum. Until changed in accordance with the Act, the board Board shall consist of not fewer than the minimum number one (1) and not more than the maximum number of directors provided in the articleseleven (11) directors. Subject to the Act and to section 4.08 hereofSection 4.08, the quorum for the transaction of business at any meeting of the board Board shall consist of a majority of directorsthe number of directors then elected or appointed, or such other greater or lesser number of directors as the board Board may from time to time determine.

Number of Directors and Quorum. Until changed in accordance ------------------------------ with the Act, the board Board shall consist consists of not fewer than the minimum number three (3) and not more than the maximum number of directors provided in the articleseight (8) Directors. Subject to Section 4.07 and subject also to the Act Articles and to section 4.08 hereof, the At the quorum for the transaction of or business at any meeting of the board Board shall consist of a majority of directors, the Directors or such other lesser number of directors Directors as the board Board may from time EXHIBIT 3.2 - Pg. 5 to time determine.